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Technology Stocks : Newbridge Networks
NN 12.96+8.3%3:59 PM EST
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To: Doug who wrote (7103)10/26/1998 11:38:00 AM
From: Doug   of 18016
 
All: In post #6374, I had stated that the average return on Equity in the coming years starting from 98, will be around 7%. Some scoffed at that and some asked for Credentials.

Today at page B8 of the G&M dt 26 Oct, there is a big Article by GREG. I.P with the heading "It's back to single digit stock returns".

I would recommend that article to all Investors. An excerpt from that article reads "Stock returns will likely be under 10% and perhaps just 7%".

As I stated earlier, attention to fundamentals is now far more important than the data mining of micro-details.
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